Calculate the missing amounts for each of the following firms: (Do not round you
ID: 2504015 • Letter: C
Question
Calculate the missing amounts for each of the following firms: (Do not round your intermediate calculations. Negative amount should be indicated by a minus sign. Round to the nearest whole number for the Units Sold column. For the remaining columns round your answers to 2 decimal places. Omit the "$" sign in your response.)
UnitsSold Selling
Price Variable
Costs
Per Unit Contribution
Margin Fixed
Costs Operating
Income (Loss) Firm A 10,600 $ 25 $ $ 95,000 $ 41,300 $ Firm B 8,700 16 65,100 33,160 Firm C 8.2 3.6 10,400 (6,880) Firm D 4,420 50 41,610 49,990
Explanation / Answer
decimal places. Omit the "$" sign in your response.)
Units
Sold
Selling
Price
Variable
Costs
Per Unit
Contribution
Margin
Fixed
Costs
Operating
Income (Loss)
Firm A
10,600
$ 25
$
$ 95,000
$ 41,300
$
Firm B
8,700
16
65,100
33,160
Firm C
8.2
3.6
10,400
(6,880)
Firm D
4,420
50
41,610
49,990
Units
Sold
Selling
Price
Variable
Costs
Per Unit
Contribution
Margin
Fixed
Costs
Operating
Income (Loss)
Firm A
10,600
$ 25
$
$ 95,000
$ 41,300
$
Firm B
8,700
16
65,100
33,160
Firm C
8.2
3.6
10,400
(6,880)
Firm D
4,420
50
41,610
49,990
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